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20121201
20121231
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CSPAN 18
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CNBC 9
MSNBCW 7
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KPIX (CBS) 1
KQED (PBS) 1
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Search Results 0 to 49 of about 70 (some duplicates have been removed)
CSPAN
Dec 27, 2012 1:00pm EST
for the economy. and the transaction tax is being taken very seriously in europe and probably will happen there, even though the u.k. is kicking and screaming because they specialize in being the home of trading, whether trading in stocks or derivatives or anything else. they simply do not want that to be taxed. there are people in congress. i think wall street is now the number-one contributor to political campaigns. at least, it is in the running for number-one. i have been to washington many times and i'm involved with several groups that are trying to reform the business sector so that it can work, so that it can survive. it is very difficult because of the sheer amount of money that the finance sector in particular is pouring into lobbying and campaign contributions. it is very difficult. >> let's give a round of applause for lin. -- lynn. [applause] there is an opportunity for you to purchase and have the but signed. if you have court-further questions, she will be here signing books. thank you all and have a safe trip home. [captioning performed by national captioning institute] [caption
CSPAN
Dec 27, 2012 1:00am EST
movement in europe. capitalism has always been recycling. the process of described is a process whereby the entrepreneur is now forced to be an entrepreneur. the ex-peasants, they did not choose to be entrepreneurs. they had to be. they used debt. bringing it to the present, energizing the production process, producing the wealth from which he hopes that he will be able to repay the debt. the moneylenders, later the bankers. cover for the fact that he had paid wages for capital goods. hoping there is something left for him, for profit. debt is all about intertemporal recycling. by effectively taking his hand and pushing it into the future, grabbing value that had not been generated. -- that is debt. producing the wealth, from which they hoped they would pay the debt. moneylenders, bankers. covering the fact that he had already paid wages, hoping that there would be something less for -- left for him. the fact that there is recycling -- you take a value for the future, bring it into the present, so as to develop -- delivered the body to the future. the problem with this process is once y
CNBC
Dec 20, 2012 5:00pm EST
supported the marshall plan that helped europe regain its strength. and pioneered the atm, so you can get cash when you want it. it's been our privilege to back ideas like these, and the leaders behind them. so why should our anniversary matter to you? because for 200 years, we've been helping people and their ideas move from ambition to achievement. and the next great idea could be yours. ♪ >>> you said repeatedly, at one point, you said, if you succeed, you're going to be donating the money to charity. you called it blood money. >> yes. i don't want to make money off of this. >> because? >> i just -- it's not a happy thing. you've had millions of low income people around the world who gotten their hopes up that there's an opportunity for them to become millionaires or hundred thousand-aires or something like that and they've been duped. >> that was big ackman earlier today. shares of herbalife have tumbled roughly 21% since cnbc first reported on a short position in yesterday's session. dr. jay, when you heard he was donating the money to charity, you said, that's lame. why? >> spoken
FOX Business
Dec 16, 2012 1:30am EST
't harm the patient. right now this economy is getting weak. we've seen higher taxes have done in europe and southern europe. france and germany about going into recession. japan is already in recession. why apply the poison here. you don't put it on taxes on the economy and why put poison in the patient. i don't get it. >> i'm not for tax hikes or anything, but if you kick the can voters are never going to be ready to reform or pay for entitlement reform. don't do entitlement reform. it took two years for reagan to do entitlement reform. sell by date is long past due on these measures to fix fiscal problems. the problem is we're in economic era of falling expectations and that has to stop. >> if we kick the can for six months that gets us to midterm elections? >> yeah, but the flip side of the argument you can pass a lot of bad bills. nancy pelosi, let's pass the healthcare bill so we can see what is in it. the big thing that we need to concentrate on is getting back to 3% growth. this 2% growth, all of our fiscal problems are going to get worse. we only have a prayer of supplying more
FOX Business
Dec 16, 2012 9:30am EST
taxes have done in europe and southern europe. france and germany about going into recession. japan is already in recession. why apply the poison here. you don't put it on taxes on the economy and why put poison in the patient. i don't get it. >> i'm not for tax hikes or anything, but if you kick the can voters are never going to be ready to reform or pay for entitlement reform. don't do entitlement reform. it took two years for reagan to do entitlement reform. sell by date is long past due on these measures to fix fiscal problems. the problem is we're in economic era of falling expectations and that has to stop. >> if we kick the can for six months that gets us to midterm elections? >> yeah, but the flip side of the argument you can pass a lot of bad bills. nancy pelosi, let's pass the healthcare bill so we can see what is in it. the big thing that we need to concentrate on is getting back to 3% growth. this 2% growth, all of our fiscal problems are going to get worse. we only have a prayer of supplying more jobs, bringing down unemployment and braying down the deficit if we have 3
CNBC
Dec 18, 2012 7:00pm EST
of uncertainty. so you have china engineering a soft landing and starting to recover. you have europe away from the brink. greece got upgraded today. who would have thought it. that is what the market is looking at. saying okay. it is not going to be the worst kcase sharcenario, but you coul extend the middle class tax cuts and be done with it. it is in a recession. >> and i think the market would not like that very much. everybody is expecting that you get the middle class tax cuts done. >> and if you can get china and europe doing better. it is hard to be terribly bearish on the u.s. >> y are going to stay with our politico expert. this is a rally that has surprised experts. it hasn't been that easy to be optimistic. >> it is. i think you have to be cautious here. the probability that this could fall apart is very, very real. >> so, you have to be careful up at these levels as a trader. i have low exposure up here. i have protection. that is how you have to play this market. stay with us please. >> yesterday it looked like washington was inching towards a deal. but today, plan b could be sign
CSPAN
Dec 16, 2012 7:00am EST
of the things that has happened since 1989 is the region called eastern europe has become very differentiated. these countries will longer have anything in common with each other except for the common memory of communist occupation. >> more with anne applebaum, tonight at 8:00 on a "q&a." >> "washington journal" continues. host: for the latest in the so- called fiscal cliff negotiations, we are joined by stand from -- stanley collender, and we also have josh gordon. thanks to you as well. stan, you were on last week and we ask you for the percentages. you put the chance of a fiscal cliff getting done at. this week? -- gettguest: i think there is o chance other than new year's day, and even that might be overstating it a little bit. right now i am seeing a 75% chance that they will go over the cliff. host: joshua, what odds would you give? caller: i have no idea. i would say that it could be 50 -- guest: i have no idea. i would say. the thing that americans and the public should worry about is whether they get something done soon. there is a chance that by inauguration day, something will be d
CNBC
Dec 19, 2012 3:00pm EST
, stabilization in europe and the u.s. at 2.7% gdp growth is a little stronger to handle this, so that's why i think you want to be buying on this. >> everybody wants to buy. so many people -- you want to be bullish, but these guys in washington, and gals in washington, give you so little reason to actually be bullish. you're right. the corporate sector you know, loaded with cash, fundamentals turning positive. >> but this is the big difference from last year, last summer where the economy was so fragile. we were in such a fragile state last suggest so it was easy to tip us over. now we're a little better here in the states but a lot better in china, and a little bit better in europe. >> we've got to get to jim. >> because of the contrarian view, jim, is once we get a deal, we sell right into the deal. >> yeah, that's right. i'm going tonight skunk at the garden party here, and i'm geg going to tell you i never thought we'd get a deal. throwing rocks at each other. more likely we won't get a deal. the economy is as bad as last summer, looking at 1.5% growth for the fourth quarter, maybe the sa
CNBC
Dec 27, 2012 7:00pm EST
appreciate it. ? thank you. >> europe's fiscal woes dominated the american markets most of the year. >> the fragile european economy not out of the woods just yet. here is jimmy pathakukas of the institute. it was "barron's" just this week. this is the year to invest in europe. do you disagree with that or can the two work together? >> well, you know, they say the united states don't fight the fed. in europe you would say don't fight the ecb as long as they believe that they would do whatever it takes to keep the euro together, i guess that's a positive, but remember, you have an economy back in recession that was in terrible shape to begin with and i think you have a lot of austerity fatigue going on spain, italy, portugal, certainly greece. so you have those economic woes. the euro is not going to thrive and it may survive thanks to the ecb, but you're not going to get that economy to thrive, and the fiscal union ask those are very slow going and though they may be moving quickly by european standards and i've been given the magnitude of the problem going very slowly. >> how shoul
CBS
Dec 28, 2012 5:00pm EST
of europe i suppose, in the 1880s. do you favor any particular moments of those? maybe it was in the crimea. i mean, i've always thought of this as being sort of ottoman. well... i think one of those things is right... ...but i don't think the crimea is the one. right. i think i'll favor the low countries, or certainly the european grand tour. it's much more likely this piece here didn't start out life in this frame, so i think what we've got is probably a 19th-century frame. do you have any clue how old this might be? maybe 17th century. i don't know. i think it's rather earlier than that, actually, for various reasons. i think it's been put into this frame probably in the 1880s. would that sort of fit with the dates that they were traveling around europe? yes, they were traveling 1870s onwards, yes. so i suspect that someone has put it together to sell to a northern european traveler as a treasure to take home. not a fake of the day. not a fake of the day. no, in fact, i'm sure it's not a fake of the day and i think perhaps we'll move on to why. firstly, i think it
PBS
Dec 28, 2012 4:00pm PST
to extend its hand to it is long, whether its capital should no longer stand alone in europe. >>> sports news, nadal said he will not play next month and the australian open because of illness. he is still struggling with a stomach virus. the illness has disrupted his recovery from a knee injury. he confirmed today that he will miss both the australian open and the warm-up event in doha. >>> a wave of films catering to older audiences. one of the most successful stars british actors in their sixties and seventies. they have been doing well worldwide, particularly in the u.k. and the u.s. from the york, we have this report. >> a trend, old people in the movies. next month, a movie set at a retirement home story musicians and several british actors. tommy lee jones succeeded this year in "i hope springs" been called a midlife romantic comedy. and then there was the marigold hotel, the story of a british retiree at a hotel in india that has been very profitable, costing $10 million to make, taking in $140 million around the world. the film cast is unusual because of many of its older charac
CSPAN
Dec 15, 2012 7:00pm EST
it is in europe or in asia. and i don't know personally how you grow a real economy without being able to produce goods in a competitive way. i think that it's important to also understand that there are so many factors that go into the adequacy of an educational system. you've referred to consolidation. absolutely critical. and new york state, 650 school districts. a lot of them, each of whom has their -- has one school bus or some of whom have one school bus and a commissioner transportation. >> oklahoma as tiny as we are have 521 school districts. >> that is a very tough nut politically. because education is always local. and always wants to make sure her kid gets on the football team. and it's hard to change that. but there's enormous, enormous redundancy in expenditures there. and that has to be addressed. also, the nature of the population varies. and that has an impact on the quality of education. and the ability of schools to teach. and the same time we have to recognize that 50 years ago, we had -- there weren't very many opportunities for women. there weren't very many women running sta
CNBC
Dec 21, 2012 6:00am EST
these days. >> and i want to take a look at a longer term chart. in the midst of all this in europe and everywhere else, that is a chart that a lot of people would be envious of. jim, we can't neglect what's happening today in washington. has it affected you at all? have you made any plans? are you doing anything based on what these publioliticians are wrangling' about? >> certainly, it's slowed our growth. >> it has? >> in the couple of years, it's slowed even faster. government was weaker than normal for the quarter and i think we'll see that going forward a bit. it's hurting for us. we have a lot of cash, we have no debt. so it's not a major, major impact. certainly the lack of clarity is hurting our customers and that ultimately affects us, as well. >> so you do business with the government and also the uncertainty around the policy has affected some of your customers to some extend? >> oh, absolutely. now, we sell a high valued proposition, so we do well in downed markets. so at the same time it's hurt us with some government customers. overall, the lack of certainty has led pe
CNBC
Dec 31, 2012 9:00am EST
is set to open below 13,000. markets in europe mixed after a shortened session in the uk, france and spain. our road map starts right where we were months ago, waiting for the 112th congress to agree on a debt reduction package. the senate convenes at 11:00 a.m. >> the dow had its worst day in a month on friday. set to close december with a loss. the question is, does it continue to sell off if there isn't an accord in congress. >> we will always have china. manufacturing pmi data from last night is the best in 21 months. can we finally say the chinese economy has been stabilized. >> but of course, we start in washington. as you know, congress comes back today. the house gaveling into session now with legislative business starting at 10:00 a.m. the senate returns at 11:00 a.m. eastern. there are only a few hours left to get a deal done. eamon? >> you're already hearing people talk the way they talk on new year's day. a lot of people wish they could go back in time and do things differently. that's the way people are talking in washington about this fiscal cliff. feeling as if thi
CSPAN
Dec 7, 2012 10:30pm EST
have as in this for a while. i think there is always china, europe, and the congress that can miss this up. i think it is hard to stop this recovery. we have done everything we can to do it. we can do it again if we try hard. i think we will not succeed this time. >> we have not talked about the creation yet, which polling showed is a major concern for americans. for the long-term unemployed who have been left behind a little bit and then to the economic recovery, do you feel like the president and congress is doing enough to address the problem? what politically and realistically could be done in the next four years? >> i think the president is committed to this. i think he would like to see an extension of unemployment insurance. he would like to see it if possible an extension of the payroll tax cut. we just released a $4 trillion deficit revenue plan that calls for four and a billion dollars in short-term stimulus. we think there is a need for a infrastructure and roads and bridges. we think it has to happen sometime in the next 20 years. we have a situation with incredibly low
FOX Business
Dec 18, 2012 11:00am EST
stocks and europe. we are going to change the tone here. it is up about 7% at the moment, folks who look at this and look at it very carefully say it is broken through key resistance levels. hedge funds managers cut their short place that they put on this one, they say the stock has broken out of a pattern. this is a v shaped bottom. now it is jumping. ljubljana helping nokia. up 7% today. dagen: it is time to make money with charles payne. charles: global shipping, you guys remember a couple years go this was unstoppable. jingo is one of the big players in this whole space. they have 62 of all types and sizes. i know we spent so much time talking about europe and greece. the rest of the world is absolutely on fire, where people obviously focus on is china. in september, they approved infrastructure projects. love the way the stocking is acting the last couple of days. dagen: you are bullish on the global economy. charles: for a while now. connell: you are not worried about china athol? charles: i think china is going to continue to be on a roll. i am also impressed with brazil, indones
FOX Business
Dec 11, 2012 11:00pm EST
greece and half of europe. neil: some say we'll be like greece if in is no deal by the end of the year? >> i do not agree. we have to negotiate, the presiden needs to get involved. neil: the language changed little bit today, i notice when they are not attacking each other out in open, then progress must be being made. that is what led to rumors of a potential imminent deal yesterday. now they are back to sniping, speaker boehner and nancy pelosi and others going back and forth, that leads me to believe that things are falling apart, do you get that sense? >> we see here -- hear they are negotiating, we'll get a deal, then we hear the fighting going on, if the fighting continues, we're not getting a deal. i don't want a deal if it is just the same old deal that is not good for america. neil: do you worry, as i guy has been around the neck of the woods for a few years, that republicans are losing their verve. some more conservative members ve said we lost an election but we did not los everything that we stand for, yet, everything i hear talked about, are concessions on part of the repu
CSPAN
Dec 16, 2012 1:00am EST
to call eastern europe has become very differentiated. these companies -- these countries no longer have much and common with each other. >> more with anne applebaum from "iron curtain." sunday night at 8:00 on "q &a." >> president obama talks about friday's shooting in newtown, connecticut. >> on friday we learned more than two dozen people were killed when a gunman opened fire. most who died were young children with their whole lives ahead of them. every parent has a heart heavy with hurt. among the fallen more also teachers, men and women who devoted their lives to helping their children fulfill their dreams. our hearts are broken today. we grieve for the families of those we lost. we keep in our careers the parents of those who survived. as blessed as they are to have children at home, they know their child's innocence has been torn away it far too early. as a nation we have endured far too many of these tragedies over the past few years. an elementary school, a shopping mall in oregon, a house of worship in wisconsin, a movie theater in colorado, countless streetcorners. any of thes
CSPAN
Dec 29, 2012 7:00am EST
in burma, or eastern europe, shows that history has a hopeful direction capable of miracles. there is a part of every soul but longs for freedom and any government built on oppression is built on sand. vast historical changes often begin in the single mind, a single heart and a hope that now grows in burma is a tribute. one of the most repressive governments on earth attempted to isolate and silence 1-woman. it must have seemed an easy task. instead of the regime encountered and it immovable object and its legitimacy broke against her character. she became a symbol of courage, perseverance and defiance, a symbol that integrity was still possible in burma and the symbol became an inspiration for activists, monks and millions around the world. when her long isolation ended some of us finally met aung san suu kyi in person and found not a symbol but a woman, of tremendous humor, honesty and grace. that only increased our admiration. when political prisoners are freed and normal political life revised it is the start of new tests. burma needed aung san suu kyi's courage and pati
FOX Business
Dec 18, 2012 1:00pm EST
of the planet. reported 100 million active users in september of 2011. a gummy bear battle in europe. winning a legal fight over the gold foil wrapped candy. reporting they violated the trademark on the gold bear name. that is the latest from the fox business network giving you the power to prosper. lori: as baby boomers age, tire industry has popped up, names like capital senior living and meredith senior living and others profiting on the niche market for senior services. with these stocks anywhere from 30-120% up so far this year, is there still room to run? peter martin covers these names, and you are very bullish on the sector. how come? >> we are very bullish, we look at the group as a cheaper way to play the health and recovery. also to avoid the entitlement discussions going on as you were speaking about earlier in your show on washington, d.c. the senior living operators issue varying levels of care in a residential environment. the industry is predominantly private pay and surprisingly what you might not know is the average age is 83 years old. improving home prices and positive tre
CBS
Dec 28, 2012 7:00am PST
with someone like mr. storm, you had a westerner, someone who had a passport could travel in western europe and someone who wouldn't fit the typical security profiles. >> storm said he had no doubt his efforts led to the death of al awlaki. while the story might be true there are a lot of people involved in these operations. >> absolutely. i think there's never a single piece to the puzzle in finding a terrorist like anwar al awlaki. there's usually multiple angles multiple sources, multiple ways of intelligence sources finding someone like him. no doubt there were operatives giving us information, giving other intelligence services information, but that's how intelligence work happens. it's putting pieces of a puzzle together, and i this i that's what happened here with finding and ultimately killing of anwar al awlaki. >> i was fascinated to see the western bride angle that awlaki would like that western bride. it makes sense why he has the western recruits but a western bride as well? >> keep in mind rebecca, that anwar al awlaki was born in the united states, made
CNN
Dec 9, 2012 6:00am PST
in europe. but, the consequences would be relatively minor. it is more exposed to it's own difficulties, and it's own issues, than to what happens elsewhere in the world, because it is such a large player. >> so we're our own 5,000 pound gor ri gorilla. >> let me ask you as a final question, january 2nd arrives, no deal, what will we notice first? >> lack of citizen, markets would react very quickly, and it would react in the stock market really taking a hit. i would say it will depend on what's on the horizon. the debt ceiling, and the long-term deficit and debt levels, that would be different. >> so that plan, even if it's a little late, would, you think, be better -- >> better comprehensive fix. >> thank you for joining us. >> when we return, the perils of doing nothing. >> reports indicate that the president has adopted a deliberate strategy to slow walk our economy right to the edge of the fiscal cliff. >> this is the same republican leadership that had the house and senate in session barely a day. i gave birth to my daughter on may 18th, five days later, i had a massive heart atta
FOX Business
Dec 28, 2012 4:00pm EST
on in the u.s. with the fiscal cliff, and before that, it was all about europe. david: larry, your picks, disney and direct tv, i know you like the vegas stocks, las vegas sans, boyd gaming as well, but what about john's point that just to be safe because you never know. i mean, the worse can happen, happened before, and could happen again, those jokers inside the beltway very often don't come to a conclusion. wouldn't it be safe to put at least 10 #% of the portfolio in cash right now just in case? >> i just can't see it. the math is so compelling on the other side, and you have this just incredible sentiment. thirty years now, you have not been able to lose money in bonds. a lot of people think that it's impossible to lose money in bonds, and it is. you surely are not going to make any money in bonds other than clip your coupon. you're not going to make any money in cash. david: let me just stop you for a sec about bonds here because it is not impossible to lose money on bonds if the companies they are based on go bankrupt or the governments they are based on go bankrupt, and people ar
FOX Business
Dec 7, 2012 7:00pm EST
to europe for inspiration and guidance for fiscal policy, taking greece, perhaps, as a standard for dealing with economic and budget crises. the speaker did a charge the president is slow walking the nation to the brink of a fiscal cliff. that is one of the speakers firmest in the strongest statements yet. >> this is in a progress report because there is no progress to report. the white house has wasted another week. there are a lot of things that are possible to put the revenue on the table, but none of it is going to be possible. the president insists on his position. insists on my way or the highway. lou: inconveniently the congressional budget office today reported that the federal deficit is already bulging. the cbo reports for the first two months of fiscal 2013 that number $2,902,000,000,000, $57 billion more than the same two month time span last year. and the labor department today reported the unemployment rate fell to the 77%. good news, the lowest jobless rate in four years. the lower unemployment rate, however, the consequence of the more than 300,000 people who dropped out of
CNN
Dec 28, 2012 9:00am PST
to their country of origin. >>> this is the most-watched singing contest in europe. it's got the glitz, the glamour, but -- >> it costs to perform, and it costs to stage it. and what do you get back? bluntly, you get a bunch of hoopla and a few pom-poms. >> wow. what some european countries on the verge of bankruptcy, many feel participating in the contest, well, strikes the wrong chord. through diet and exercise, alli can help you lose one more by blocking some of the fat you eat. let's fight fat with alli. ♪ i get congested. but now, with zyrtec-d®, i have the proven allergy relief of zyrtec®, plus a powerful decongestant. zyrtec-d® lets me breath freer, so i can love the air. [ male announcer ] zyrtec-d®. behind the pharmacy counter. no prescription needed. time for citi price rewind. because your daughter really wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it finds one, you get refunded the difference. just use your citi card and register your purchase online. have a super s
Current
Dec 3, 2012 6:00am PST
forecast. europe offers the same lesson in reverse. thank you. as jim says, every time we talk about this, they keep taking the wrong -- lindsey graham said we're going to be greece. yeah, if we do what you want! the best way to generate jobs and growth is for the government to spend more, not less. and for taxes to stay lor owe become lower on the middle class. so you know, just -- >> roosevelt made that mistake in 1937 when the deficit hawks were saying we gotta slow this thing down. things started reverting to the depression era. levels and he quickly changed course. >> stephanie: rise finishes by saying most of the media have bought into the narrative it stems from an out-of-control budget deficit. we're talking about the fiscal cliff. he said -- let's see. interest rates he was talking about are lower than they've been in our living memory. in fact, if there was ever a time for america to borrow more to put people back to work, rebuilding our schools and crumbling infrastructure, it is now. robert reic
CSPAN
Dec 5, 2012 12:00pm EST
in europe, also known as the helsinki commission, which i cochair -- which senator cardin cochairs, during senate consideration of h.r. 6156. the presiding officer: without objection, so ordered. mr. wicker: thank you, mr. president. and, again, i come to the floor today to support this bill. it has is very important two-fold purpose. it promotes normal trade relations with russia, and at the same time the legislation insists that the russian government adhere to the rule of law. it does so by putting consequences in place for those in russia who abusive human rights, basic human rights. granting pntr to russia is a big win for americans. if congress does not act, american workers, including millions employed by small businesses, stand to lose out to foreign competitors as russia opens its market as a new member of the world trade organization. many in my home state of mississippi and around the country deserve to benefit from increased trade that this new relationship would bring. more jobs and greater economic growth are our potential rewards here in the united states. last year, mississ
CSPAN
Dec 12, 2012 1:00pm EST
volunteered to be in the ambulance service. what he did when he got to europe was rescue and pick up other dough boys in europe out of those trenches and get them behind, take them back behind american lines so that they could be taken care of their wounds and he also picked up many of our americans, 114,000 to be exact that died in the great world war i. he was allowed or was able to come back to america alive he made it through the war. although many, as i mentioned, did not. many americans when they came home from the great war over there, as cohen said, difed the new. they picked up in europe in fact many of them a great number of them depride the spanish flu, almost as many as died in europe itself. frank buckles then went to work and during his work, he went to the philippines. when he was in the philippines, the japanese invaded in world war ii. he was captured and put in a prisoner of war camp for three and a half years. he was about to be executed and the americans came and liberated the camp and he along with the other prisoners of war came back to america. frank buckles went bac
CNBC
Dec 7, 2012 3:00pm EST
in the economy. certainly europe's not any help. what's happening in china and japan is not any help. then you add on top of it what's coming out of washington. i don't think you should get your hopes up about figuring it out before the end of this year. i think there's a pretty deept chance we go over the cliff and then try to sort it out in the beginning of the year. >> lovely. >> joe, when did 146,000 jobs become good? have we become so pessimistic -- have our expectations come so low we're cheering 146,000 when we should be well over 200? >> plus the downward revisions for the previous two months. >> although, those revisions were almost all in government. mandy makes a good point. 150,000 a month, which has been the average over the past is a months or so, is not great. if this was a normal recovery, we'd be growing at 4% instead of 2 on gdp. employment would be well over 250. however, the good news in today's report was if you look at the household survey, there was clearly a hurricane effect in these numbers. we might actually have printed over 200 absent hurricane sandy. i would argue
MSNBC
Nov 30, 2012 8:00pm PST
from africa and also from eastern europe and they do it to no real benefit to the american people because america workers might be disadvantaged because there are no protections for american workers to make sure that these newly-authorized green cards for these very educated workers, which we do need, that the pay for those folks isn't undercutting the salaries that current american workers get for those same kinds of jobs. >> so it creates as many problems as they think it solves. is there anything in this legislation that could be salvaged that you could agree with? >> well, there is a s.t.e.m. bill that we could pass. and what the democrats did today on the house floor is say, look, this is the bipartisan bill we can all agree to that doesn't play the zero-sum game, that doesn't undercut american workers when we do this. let's vote for that. i think the tea party is still driving the ship in the house republican conference. until that changes, it will be tough. but there are good folks on the republican side who are interested in trying to do a bipartisan bill. >> well, it's di
MSNBC
Dec 28, 2012 2:00pm PST
on the macro because the macro is moving stocks and moving the market. things like europe, the european debt crisis, things like our fiscal cliff crisis, a slowdown in china. this is how stocks are moving right now. it's no longer how many cannes of coke did we sell last quarter. it's really tied to this so it matters more than before. they're panicking and starteding to see it. look no further than the consumer confidence number dropping, the retail sales. ge has blamed some poorer results this past quarter on lack of investment. you know, honeywell is seeing the pain. they're not filling empty positions. it's already -- it has been starting to affect companies for probably, you know, at least the past quarter already. >> okay. thank you, joy, and thank you leigh. remember, president obama is going to make a statement on the fiscal cliff talks at 5:45 eastern time and msnbc will provide live coverage. until then, chris matthews is up next with the best "sideshow" moments of the year and the nra's best excuses for standing in the way of any and all reasonable restrictions on guns. this is "h
CSPAN
Dec 5, 2012 8:00pm EST
with the challenges in europe, with china going through a transition, with india's political system, as chair of the india caucus, almost more this functional than ours. we look pretty darn good if we can put a real plan in place. >> what would be the size of the plan? >> i think it gets north of $4 trillion, whether it gets to $6 trillion. this goes back to where you start. two points -- kind of on the opening round questions. it is important to remember that the simpson-bowles plan, which has gained a lot of attention, or the gang of six, which is built off the simpson- bowles, the presumptions that went into those plans assumed that all the top rates would go back up. when you start from that, even though i think simpson-bowles's idea that he would bring the rates down to the high 20's is a bit of a stretch. i do not think we will see that kind of across the board almost zeroing out in some places of tax expenditures that would require. they can show a path towards meaningful tax reform even with the rates at the higher level. point two, and this is one of the things where i think those of
CNBC
Dec 21, 2012 1:00pm EST
perceived in the market. that's focused on the situation in europe and we think that mario draghi announcement of late summer took it off the table. we do, however, still maintain a holding in gold because we recognize that it is not an all clear sign. >> you like natural resources. the odd kmodity plague has been broughtal for a lot of investors. why do you like that and how do you play it, specifically? >> there are a couple of reasons we like commodities. we think global growth could surprise on the upside in 2013. specifically the u.s. as well as emerging market picture. so the leverage that you get through the commodity complex is direct. secondly, perhaps not as important as the growth story though, is inflation protection you get from commodities. and there is a high correlation between inflation and commodity prices. so although we don't see inflation as near term problem, we want to protect our client portfolios longer term. >> you like a merging markets, but you're very specific about the markets that you like. not all of them are performing the way you would like them t
CNN
Dec 28, 2012 4:00am PST
are. >> an interesting point you've made when you look at the frac, parliamentary parties in europe, a fractuous extremely group come to power, we don't think of that happening in america. we're the worst of a parliamentary system right now. >> that's ugly here. for all the things we complain about our government it's pretty good than most countries. they swing this way and that way and 20 different parties and we're in this situation where there's no iron center here to anchor things and it's not just this fiscal cliff. it's everything. >> we are in a quasi-parliamentary system with political institutions aren't built for it. our structure does not allow for this level of partisanship. as you look at this as you point out, we are on an unsustainable path in the long run in our fiscal kind of situation. republicans and democrats have to live with each other probably for the next four years. at least for the next two years but likely the next four years. is there a path that you think makes sense that is a truce line that would be reasonable for both sides to accept? >> well, we'd re
CSPAN
Dec 12, 2012 7:00am EST
europe has become very differentiated. these countries no longer have much in common with each other except for the common memory of communist occupation. >> more on poland, hungary from the end of world war ii. from her historical narrative, iron curtain, sunday at 8:00 on "q&a." >> "washington journal" continues. host: congressman john larsen, good morning, thank you for being here. we are hearing about the back- and-forth of the fiscal cliff. where do you think that things are at with the negotiations? caller: i am always a glass half full type of guy. i think that speaker boehner faces a unique challenges in his conference, ultimately i do not think that john boehner will stand by and see the nation go over a fiscal cliff. i do think that there are so many issues that we agree on, on both sides. you can see this in a number of members, members who have come forward and said i think similar things. first and foremost, put the country back to work. putting people back to work is the democratic or republican, it is just common sense. we know that job creation equals deficit reductio
CSPAN
Dec 12, 2012 5:00pm EST
in their home. europe spends 5%. the united states spends less than 3% of its economy on infrastructure improvements. so, the need is very clear. so as this congress, is washington responding to the need? well, not really. not really. think about this for a moment. this congress will spend $105 billion next year on rebuilding the roads and bridges of this nation. a nation of 300 million people, where every objective observer understands the need for infrastructure investment. so less than $53 billion in each of the next two years. we can't spend any more, right? well, wait a minute, you just spent $89 billion rebuilding the roads and bridges of afghanistan . you spent $67 building the roads and bridges of iraq. those nations are 30 million and 26 million respectively. yet for a nation of 300 million people you could only come up with less than $53 billion in each of the next two years. when the american society of civil engineers says, just to bring your infrastructure to a state of good repair, it will cost you $2.2 trillion, it's weak. in fact, it's pathetically weak. so the lessons a
CSPAN
Dec 13, 2012 7:00am EST
in europe is 25%. like france is not where we want to be on tax policy. the canadians are at 17%. where you have high marginal tax rates, it slows economic growth. you can see it on the corporate side and on the individual side. we will over time take the corporate rate to 25 from 35. because it will be better for growth, we will actually have more revenue for the government and not less. with government growth at 4% per year, reagan levels, versus 2% per year, france over last 20 years or obama over last four, you do that for decades, the federal cabinet raises $5 trillion in additional tax revenue. the best way to get revenue for the government at such strong, robust and jobs-creating economic growth. unfortunately, president obama and the democrats have taken the opposite direction over the last four years. that's why we are in this mess. host: now to an independent in georgia, al. if i would push the right button. sorry about that. al, good morning. caller: good morning. the last time you were on c- span, i managed to get through. it was on the heels of you going to atlanta and to chast
CSPAN
Dec 19, 2012 7:00am EST
put out a chart showing the value per u.s. worker you can get is relative to workers in europe and even in developing countries, and it is higher than it has ever been. well costs have tripled in recent years. the cost -- oil costs have tripled in recent years. the cost of getting into the u.s. or western markets suddenly cost more money prepared -- getting it to the u.s. or western markets suddenly cost more money. and gas price -- gas costs are 25% of what they are in europe or to an appearance -- or china. and as we have seen the standard of living rise in places like china, there is wage pressure. even though the average chinese worker makes a lot less than the average american worker, the gap has shrunk considerably, and their wages will rise by 18% per year. host: and that is what the second story focuses on, mr. china comes to america. we want to know that we are taking your calls in this segment as we talk about this in sourcing boom -- in-sourcing doane. -- this in-sourcing boom. the numbers are on the screen. take us to what is happening in china in this second story.
CSPAN
Dec 14, 2012 1:00am EST
that has happened since 1989 is the region we used to call europe has become very differentiated. they no longer have much in common with one another. >> more with anne applebaum sunday night at 8:00 p.m. on c- span's "q&a." next, grover norquist was on this morning's "washington journal." this is 40 minutes. host: someone who's been in the news and on the news lately is on your screen now, grover norquist, president of americans for tax reform. mr. norquist, make your case for no tax increases at this point in our economic situation. guest: two years ago president obama extended all of the tax cuts that lapsed in janurary. he did so because he said the economy was weak and raising taxes ordered. the economy is not any stronger now than it was. in addition to the tax increase, he wants to impose by letting some of the bush tax cuts laps, he has already got a trillion dollars in tax increases that starting in january to pay for obamacare. when you think about fiscal cliff, the bush tax cuts have collapsed, sequestration cuts spending, and then there's a trillion dollar tax increas
CSPAN
Dec 28, 2012 11:00pm EST
and be at home. they didn't die in the middle east. they didn't die in eastern europe. they didn't die in africa were central or south america. they died right here in their own country tried to get all their people to become participated in the democratic process. and right now there is an attempt on the part of several members of congress, both democrats and republicans to get the postal service to issue a stay on in honor of these three young men. [applause] so we had to work in as. we mobilize. we had to speak up, we had to speak out. we had to get in trouble, good trouble, necessary travel. after dark or martin luther king received the nobel peace prize in december 1964, after president johnson signed the civil rights act in july 1964, dr. king had a meeting with the president. when he returned from europe, told him we needed voting rights act. president clinton johnson told dr. king in so many words, we don't have the votes in the congress to get it out of my sight pass. dr. martin luther king junior came back to atlanta, but with a group of us. my organization was already involved. and se
CSPAN
Dec 19, 2012 8:00pm EST
of europe. it was time for europe to pick up their own fair share of the burden. the same thing was true with fighting for fishermen. the same thing was true issue after issue out here on the house floor. dodd frank, which was debated right here on the house floor, the same place where abe lincoln was trying to get the votes to abolish slavery, same seats, barney frank led the effort to create the new financial services constitution for the 21st century, not just in the united states but on the whole planet. and there were some provisions that were so important, that is creating a consumer protection bureau, that they would rather have elizabeth warren be a senator than the head of the consumer protection bureau and that is a small part of the toe talt of that -- totality of that bill. he said stand up for what's right, even if you don't win early. he has been a parliamentary and substantive cop on the beat walking around here on the house floor using the microphone as his nightstick in order to make sure that nothing happened here that was wrong, would go uncommented upon so that people
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